3 ms·
It is a bit funny the era he compares today to is 1892—the gilded age. Anyway, 1982 may not be a very appealing low-Gini coefficient period to return to, but 1
by actuallyalys 2y ago
It is a bit funny the era he compares today to is 1892—the gilded age.
Anyway, 1982 may not be a very appealing low-Gini coefficient period to return to, but 1892 also seems like a bad time. I actually found the comparison interesting enough, even though the arguments fall flat, but I think we need to look more broadly to understand inequality.